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December 2 2016, 12:01am, The Times

Princess Cruises has agreed to plead guilty in the US to polluting the seasGETTY IMAGES

1 One of the world’s biggest cruise operators has been handed a record fine after dumping more than 4,000 gallons of oil waste off the coast of England using a secret pipe. Princess Cruises, part of the giant Carnival Corporation, has agreed to plead guilty to seven charges in the US of polluting the seas and attempting to cover it up.

2 The financial regulator has been seeking a rescuer for Manchester Building Society but has been turned down by Nationwide. The Prudential Regulation Authority has been trying to find ways to save the Manchester, which has 18,000 savers including a few with deposits of more than the £75,000 guaranteed by the government. It also has 3,000 borrowers.